What is yours thought about SLP( Smooth Love Potion) ? - page 2.

coinerer

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Quote from: Issa56 on July 19, 2022, 07:52:01 AM

I don’t really advise people to invest in altcoins because I don’t really trust most altcoins because anything can happen, Bitcoin is the only reliable coin which I always encourage people to invest in, I believe no matter how bitcoin dump it going to recover, but I don’t really trust those altcoins.
I think all coins are down and I think that’s what’s happening to SLP also the best thing you can do now is just to hold and wait for bull run, but am sure it will take time before SLP recovers because the supply keeps on increasing.

The SLP is now in a vulnerable position. SLP doesn't care whether the market rises or falls. It is constantly decreasing. Its joint project Axie Infinity has also dropped high value from ATH. If AXS can do better in the future again. Then there may be some recovery of SLP with this. Otherwise the SLP does not seem to be in a good position

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Quote from: len01 on July 19, 2022, 08:47:34 AM

Quote from: Crypto Library on July 16, 2022, 11:45:19 AM

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for the matter of investing in altcoins right now is not the right time when the bears are hitting. and SLP is one of the altcoins that you should probably pay attention to before you invest there. i'm not saying SLP is not good but maybe you should be more careful when you want to invest long term in altcoins.
if indeed you have to invest in SLP try with a small amount first around $50 and try to do an analysis for the next few months

Quote from: Crypto Library on July 16, 2022, 11:45:19 AM

What Do you think SLP will recover again

for this question i will answer all no one knows what will happen in the future.
my only advice is to be more careful when investing in altcoins at the moment

Investing in altcoins is also not too risky but invest only in top altcoins and stay away from lesser known altcoins, tokens of game projects like SLP. Honestly SLP had a very strong growth period when p2e was leading the trend in the market and a lot of people made big profits from it. But now I think is not the time to invest in it anymore, p2e trend is over and SLP will almost no more hype chance.
SLP as a token of a transient trend, it should be sold when we are in profit and not considered a long-term investment.

len01

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Quote from: Crypto Library on July 16, 2022, 11:45:19 AM

Is there anyone who invested in SLP? Last time I invested when SLP went to 0.13$ Then again when it was coming to Dip I invested again at 0.07$ . I have invested in several steps like this. Now my goal is to sell the full amount for 0.12$. What Do you think SLP will recover again? And should I invest in it again now? Currently, the price is around 0.004037 $

for the matter of investing in altcoins right now is not the right time when the bears are hitting. and SLP is one of the altcoins that you should probably pay attention to before you invest there. i'm not saying SLP is not good but maybe you should be more careful when you want to invest long term in altcoins.
if indeed you have to invest in SLP try with a small amount first around $50 and try to do an analysis for the next few months

Quote from: Crypto Library on July 16, 2022, 11:45:19 AM

What Do you think SLP will recover again

for this question i will answer all no one knows what will happen in the future.
my only advice is to be more careful when investing in altcoins at the moment

SirLancelot

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Quote from: Crypto Library on July 16, 2022, 11:45:19 AM

Is there anyone who invested in SLP? Last time I invested when SLP went to 0.13$ Then again when it was coming to Dip I invested again at 0.07$ . I have invested in several steps like this. Now my goal is to sell the full amount for 0.12$. What Do you think SLP will recover again? And should I invest in it again now? Currently, the price is around 0.004037 $

Your strategy sounds like a dca, that was a good start actually but the only problem is that you got unlucky but who would have thought of that? When we all know that axie was once a good game but I think the update and hacks happening around have totally ruined this game.

I feel sorry for those who invested a lot of money thinking this game will still boom more and also to those who spend so much time grinding only to farm as much as slp as they can. Now all of them simply cursed this game. It's been a long time since slp go down and I think it dips before this bear came. I don't think it can still recover. You can sell before the price dips more and invest more wisely next time.

Issa56

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I don’t really advise people to invest in altcoins because I don’t really trust most altcoins because anything can happen, Bitcoin is the only reliable coin which I always encourage people to invest in, I believe no matter how bitcoin dump it going to recover, but I don’t really trust those altcoins.
I think all coins are down and I think that’s what’s happening to SLP also the best thing you can do now is just to hold and wait for bull run, but am sure it will take time before SLP recovers because the supply keeps on increasing.

dansus021

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as far as I know that SLP (Smooth Love Potion) is used to upgrade the in-game Axie and can be earn and the biggest thing that can make the price is further down because people keep selling it after earning and SLP doesn't have a max supply so yeah

smartaction

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Quote from: blockman on July 18, 2022, 06:50:01 PM

Quote from: Oceat on July 18, 2022, 06:24:45 PM

Quote from: blockman on July 17, 2022, 05:51:41 PM

That's it, we are in a bear market and that's why I'm holding it. If the market goes on the bull again, there's still a chance that it will be lifted up even a little bit from bitcoin and ethereum. I know what I'm doing and whether I profit on this hold or not, any result is totally okay for me because I don't really have that choice on my mind right now such as selling it at a total loss. It's like quick buck upon selling it if there's a sudden surge for this coin and it's not just for this coin also for those that have been hit hard by the bear market.

It's up to you but just like what I said you have a little chance to sell your token to make a profit or none aat all since most of those who hold will dump it right away if there's a pump. I've seen my friend of mine trying to hold a little longer thinking it would still pump more when it's pumping a little which is a good profit if he consider to just take that profit but instead he waited for more then the market suddenly drop then he's still just holding now without gaining any profit. That's the problem of being greedy trying to expect more when the opportunity is just in front of you.

And I'm one of those that will dump it eventually when we see the price rise in a better state. I've already explained what might happen and I'm very much open to it.
I'm seeing that there are more burned SLP and plus the event that they've got now and that's why if it continues to happen, more SLPs will be burned, and minted will be lower. In that case, it's likely that it can impact the price even just for a bit because I know it's really a market-reliant token, so if BTC and eth go up, it'll follow.

If SLP Team continue token Burning and buy back from market all the low price of SLP. Then SLP again can pump and gain high token value. otherwise it may not go far. Anyway hope SLP team will try their best to move SLP to good position. If they do this, those who buy and hold SLP now will benefit greatly.

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Quote from: Oceat on July 18, 2022, 06:24:45 PM

Quote from: blockman on July 17, 2022, 05:51:41 PM

That's it, we are in a bear market and that's why I'm holding it. If the market goes on the bull again, there's still a chance that it will be lifted up even a little bit from bitcoin and ethereum. I know what I'm doing and whether I profit on this hold or not, any result is totally okay for me because I don't really have that choice on my mind right now such as selling it at a total loss. It's like quick buck upon selling it if there's a sudden surge for this coin and it's not just for this coin also for those that have been hit hard by the bear market.

It's up to you but just like what I said you have a little chance to sell your token to make a profit or none aat all since most of those who hold will dump it right away if there's a pump. I've seen my friend of mine trying to hold a little longer thinking it would still pump more when it's pumping a little which is a good profit if he consider to just take that profit but instead he waited for more then the market suddenly drop then he's still just holding now without gaining any profit. That's the problem of being greedy trying to expect more when the opportunity is just in front of you.

And I'm one of those that will dump it eventually when we see the price rise in a better state. I've already explained what might happen and I'm very much open to it.
I'm seeing that there are more burned SLP and plus the event that they've got now and that's why if it continues to happen, more SLPs will be burned, and minted will be lower. In that case, it's likely that it can impact the price even just for a bit because I know it's really a market-reliant token, so if BTC and eth go up, it'll follow.

Oceat

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Quote from: blockman on July 17, 2022, 05:51:41 PM

Quote from: Oceat on July 17, 2022, 02:25:35 PM

Quote from: blockman on July 17, 2022, 12:44:24 PM

Yeah, that was the problem before when most investors and players were asking for a burning mechanism but they've given another update instead of that directly.
The hype is over for real and we do all know about that, but for me, I have nothing to lose so I just hold it and waiting that something good might happen for this coin.

I'm not sure if you guys know already where this is going but come to think of it, if there's a hype then most of those who hold will dump their token so there's no chance you would see a pump with this token plus we are in a bear market so that makes it a little difficult to pump. I am not hoping that this token will start to pump or make at least ride with the hype because if there's a pump then most people who hold prolly gonna sell it right away.

That's it, we are in a bear market and that's why I'm holding it. If the market goes on the bull again, there's still a chance that it will be lifted up even a little bit from bitcoin and ethereum. I know what I'm doing and whether I profit on this hold or not, any result is totally okay for me because I don't really have that choice on my mind right now such as selling it at a total loss. It's like quick buck upon selling it if there's a sudden surge for this coin and it's not just for this coin also for those that have been hit hard by the bear market.

It's up to you but just like what I said you have a little chance to sell your token to make a profit or none aat all since most of those who hold will dump it right away if there's a pump. I've seen my friend of mine trying to hold a little longer thinking it would still pump more when it's pumping a little which is a good profit if he consider to just take that profit but instead he waited for more then the market suddenly drop then he's still just holding now without gaining any profit. That's the problem of being greedy trying to expect more when the opportunity is just in front of you.

coinerer

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Quote from: smartaction on July 18, 2022, 06:46:12 AM

At one time SLP was in the market with good value. But now the price of SLP has come down a lot. It is very difficult to say. whether it will recover or not. Although it is recovery. It will take a long time. So if you want to invest here. Then you must hold it for long time to get big profit.

I am not at all optimistic about SLP. I don't think so. It may be better in the future. Now almost all the coins in the market are starting to rise in price. But SLP is still not showing signs of hope. Maybe it will grow again. But it will take a long time. While other coins are able to give more profit than this in same time

raidarksword

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Many of the play-to-earn projects today are struggling to recover from the crypto crash and Axie Infinity is one of them. I think this is the downfall of them and investors leaving already and it also had a massive account hack that worth millions. So, it is pretty hard for them to recover especially we are still in the bear market.

smartaction

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At one time SLP was in the market with good value. But now the price of SLP has come down a lot. It is very difficult to say. whether it will recover or not. Although it is recovery. It will take a long time. So if you want to invest here. Then you must hold it for long time to get big profit.

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Quote from: Maus0728 on July 18, 2022, 02:54:25 AM

I've been an Axie Infinity Manager for over a year, which allows me to hold a lot of SLP that I haven't even been able to sell because of its market value. However, due to a sharp market decline, the scholars are leaving, making the only asset that's generating a tiny profit for me is the AXS.

Sure there are a lot of updates and Jihoz even claimed that their game economy is healing [1], but I still don't think that SLP will recover anytime soon as there are still lots of economics changes that needs to be implemented.

[1] https://twitter.com/Jihoz_Axie/status/1545071504114827264?t=Yx_VRxyJtvpdWyCwHMX1tA&s=19

It feels hard seeing the market in decline and feeling of being disappointed about the market, about the coin we think could give us a lot but of a sudden, it drops drastically without having a chance to sell them and benefiting from them at least. However, being a crypto investor never think about giving up instead, we are still optimistic about the incoming. Not haven't a chance but I will be going to agree that it was not easy for the SLP to recover if the market decline continues.

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Quote from: Crypto Library on July 16, 2022, 11:45:19 AM

Is there anyone who invested in SLP? Last time I invested when SLP went to 0.13$ Then again when it was coming to Dip I invested again at 0.07$ . I have invested in several steps like this. Now my goal is to sell the full amount for 0.12$. What Do you think SLP will recover again? And should I invest in it again now? Currently, the price is around 0.004037 $

SLP, a coin used by many crypto gamblers, today is valued at $0.004/coin, I also invested in slp coins, for $200 two days ago, however of course i have to have patience to get the profit i can reach the level of $ 0.13 as it ever happened.

Of course I wish SLP my best choice in Altcoins this year

Maus0728

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I've been an Axie Infinity Manager for over a year, which allows me to hold a lot of SLP that I haven't even been able to sell because of its market value. However, due to a sharp market decline, the scholars are leaving, making the only asset that's generating a tiny profit for me is the AXS.

Sure there are a lot of updates and Jihoz even claimed that their game economy is healing [1], but I still don't think that SLP will recover anytime soon as there are still lots of economics changes that needs to be implemented.

[1] https://twitter.com/Jihoz_Axie/status/1545071504114827264?t=Yx_VRxyJtvpdWyCwHMX1tA&s=19

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Quote from: Crypto Library on July 16, 2022, 11:45:19 AM

Is there anyone who invested in SLP? Last time I invested when SLP went to 0.13$ Then again when it was coming to Dip I invested again at 0.07$ . I have invested in several steps like this. Now my goal is to sell the full amount for 0.12$. What Do you think SLP will recover again? And should I invest in it again now? Currently, the price is around 0.004037 $

You should stop throwing good money to a project that has done nothing for you except to give you massive losses, it is time to accept the reality and understand the most likely you're never going to obtain any profits from that project, I know this is probably something that you do not want to hear but you have to do it, because if you keep thinking that at some point you're going to recover your money it's likely that you are going to invest in that project again only to once again lose money with such coin.

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Quote from: Crypto Library on July 16, 2022, 11:45:19 AM

Is there anyone who invested in SLP? Last time I invested when SLP went to 0.13$ Then again when it was coming to Dip I invested again at 0.07$ . I have invested in several steps like this. Now my goal is to sell the full amount for 0.12$. What Do you think SLP will recover again? And should I invest in it again now? Currently, the price is around 0.004037 $

I suggest not to invest it now. We are not really sure if this SLP token will recover fast and get demand just like the previous days when P2E is highly in demand like Axie Infinity. In fact, the value of this token has been dropping before the bear season which I think was an indication of something undesirable events happening to them.

I know that many people, P2E players are still holing SLP hoping it rallies back, and what I can say is that is to just hold but never invest more on them.

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Quote from: Oceat on July 17, 2022, 02:25:35 PM

Quote from: blockman on July 17, 2022, 12:44:24 PM

Yeah, that was the problem before when most investors and players were asking for a burning mechanism but they've given another update instead of that directly.
The hype is over for real and we do all know about that, but for me, I have nothing to lose so I just hold it and waiting that something good might happen for this coin.

I'm not sure if you guys know already where this is going but come to think of it, if there's a hype then most of those who hold will dump their token so there's no chance you would see a pump with this token plus we are in a bear market so that makes it a little difficult to pump. I am not hoping that this token will start to pump or make at least ride with the hype because if there's a pump then most people who hold prolly gonna sell it right away.

That's it, we are in a bear market and that's why I'm holding it. If the market goes on the bull again, there's still a chance that it will be lifted up even a little bit from bitcoin and ethereum. I know what I'm doing and whether I profit on this hold or not, any result is totally okay for me because I don't really have that choice on my mind right now such as selling it at a total loss. It's like quick buck upon selling it if there's a sudden surge for this coin and it's not just for this coin also for those that have been hit hard by the bear market.

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Quote from: Crypto Library on July 16, 2022, 11:45:19 AM

Is there anyone who invested in SLP? Last time I invested when SLP went to 0.13$ Then again when it was coming to Dip I invested again at 0.07$ . I have invested in several steps like this. Now my goal is to sell the full amount for 0.12$. What Do you think SLP will recover again? And should I invest in it again now? Currently, the price is around 0.004037 $

Too risky an investment. The whole point is that SLP is an inflationary token. The reason for its decline is that its minting rate is higher than its burning rate. This was the reason for the Axie Infinity project's deafening failure. SLP, because of Axie's popularity, has seen an uncontrolled growth in the number of SLP tokens themselves, so investing in a token with unlimited issuance should only be considered as a short-term investment, in my opinion, and better not considered at all.

Oceat

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Quote from: blockman on July 17, 2022, 12:44:24 PM

Quote from: virasisog on July 17, 2022, 10:49:30 AM

Quote from: blockman on July 17, 2022, 08:25:15 AM

I agree with what you've said and that's why OP and someone who's interested in doing it has some money to invest. Like the money that it's okay for them to sleep for a long time and willing to lose then they can do just as said.
I'm a holder of both bitcoin, slp, and other sky mavis tokens and as well as other altcoins. I would really prioritize buying bitcoin instead of buying other coins.

Lots of investors are still holding their SLPs and to be honest, it has a huge total supply because the developers aren't mindful of its burning mechanism before. They didn't even work well on their version 2. I don't think SLP still has a good future. Its hype is over and still, many investors are stuck on their holdings so buying it right now won't be a wise decision. Choose active and high-potential coins like Bitcoin and other top coins.

Yeah, that was the problem before when most investors and players were asking for a burning mechanism but they've given another update instead of that directly.
The hype is over for real and we do all know about that, but for me, I have nothing to lose so I just hold it and waiting that something good might happen for this coin.

I'm not sure if you guys know already where this is going but come to think of it, if there's a hype then most of those who hold will dump their token so there's no chance you would see a pump with this token plus we are in a bear market so that makes it a little difficult to pump. I am not hoping that this token will start to pump or make at least ride with the hype because if there's a pump then most people who hold prolly gonna sell it right away.

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